News reports this week contained good and bad news for certain people in the technology, business, economy, trade, and entertainment industries or sectors around the world.
First, the technology industry is reported to be booming.
A proof of the flourishing technology industry is the 3GSM World Congress held in Barcelona and participated by three biggest cellular phone technology firms in the world – Nokia, Sony Ericsson, and Motorola. These companies presented their latest products in the fair, most of them using the latest 3G technology. Motorola released ROKR. Nokia revealed plans to release Nokia 6136. Sony-Ericsson disclosed the release of the K610 phone and music player. Moreover, Sony Ericsson and Nokia will have a joint venture in developing cellular phone technology-mobile television.
However, some consumers do not avail of this latest technology because they want to avail of discounts and bargains because of offered to last year’s technology. But this won’t be the case this year as inventories are kept lean because of the new ability of retailers and manufacturers to share sales and inventory information with each other. Yet, they...
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